Timely indicators of entrepreneurship by enterprise characteristics in Iceland
Iceland: Timely indicators of entrepreneurship by enterprise characteristics was 4,058 Enterprises in 2023. ▲ Rising
Timely indicators of entrepreneurship by enterprise characteristics in Iceland, 2001–2023
Source: Organisation for Economic Co-operation and Development. Measured in Enterprises.
Analysis
In 2023, timely indicators of entrepreneurship by enterprise characteristics in Iceland stood at 4,058 Enterprises.
The figure is up 2.7% on the previous year and up 36.1% over ten years.
Over the whole period, timely indicators of entrepreneurship by enterprise characteristics in Iceland peaked at 4,210 Enterprises in 2021 and was at its lowest, 1,871 Enterprises, in 2001.
Iceland ranks 21st of 23 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Timely indicators of entrepreneurship by enterprise characteristics in Iceland, year by year
| Year | Enterprises | Change |
|---|---|---|
| 2001 | 1,871 Enterprises | — |
| 2002 | 3,120 Enterprises | +66.8% |
| 2003 | 2,389 Enterprises | -23.4% |
| 2004 | 2,517 Enterprises | +5.4% |
| 2005 | 2,938 Enterprises | +16.7% |
| 2006 | 3,191 Enterprises | +8.6% |
| 2007 | 2,912 Enterprises | -8.7% |
| 2008 | 3,500 Enterprises | +20.2% |
| 2009 | 3,609 Enterprises | +3.1% |
| 2010 | 3,023 Enterprises | -16.2% |
| 2011 | 2,849 Enterprises | -5.8% |
| 2012 | 2,890 Enterprises | +1.4% |
| 2013 | 2,981 Enterprises | +3.1% |
| 2014 | 3,057 Enterprises | +2.5% |
| 2015 | 3,376 Enterprises | +10.4% |
| 2016 | 3,648 Enterprises | +8.1% |
| 2017 | 3,470 Enterprises | -4.9% |
| 2018 | 3,326 Enterprises | -4.1% |
| 2019 | 3,183 Enterprises | -4.3% |
| 2020 | 3,387 Enterprises | +6.4% |
| 2021 | 4,210 Enterprises | +24.3% |
| 2022 | 3,952 Enterprises | -6.1% |
| 2023 | 4,058 Enterprises | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,894 Enterprises | 1,871 Enterprises | 3,609 Enterprises | 9 |
| 2010s | 3,180 Enterprises | 2,849 Enterprises | 3,648 Enterprises | 10 |
| 2020s | 3,902 Enterprises | 3,387 Enterprises | 4,210 Enterprises | 4 |
Countries ranked near Iceland
- 18 Denmark 25,401 Enterprises compare
- 19 Guadeloupe 8,178 Enterprises compare
- 20 Martinique 7,317 Enterprises compare
- 22 French Guiana 3,540 Enterprises compare
- 23 Mayotte 1,519 Enterprises compare
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 19.51 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1932 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 18,994 current US$ per person (2025)
- General government final consumption expenditure (current US$) 16.88 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 25,628 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.82 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 33.48 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is timely indicators of entrepreneurship by enterprise characteristics in Iceland?
- Timely indicators of entrepreneurship by enterprise characteristics in Iceland was 4,058 Enterprises in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest timely indicators of entrepreneurship by enterprise characteristics recorded in Iceland?
- The highest recorded value was 4,210 Enterprises in 2021.
- What is the lowest timely indicators of entrepreneurship by enterprise characteristics recorded in Iceland?
- The lowest recorded value was 1,871 Enterprises in 2001.
- How does Iceland rank for timely indicators of entrepreneurship by enterprise characteristics?
- Iceland ranks 21st out of 23 countries with data for 2023.
- Is timely indicators of entrepreneurship by enterprise characteristics rising or falling in Iceland?
- Over the last ten years it is up 36.1%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Timely indicators of entrepreneurship by enterprise characteristics — Business entries. Statizoid updates them automatically from the source API.
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About this data
Timely Indicators of Entrepreneurship have become integral part of business statistics offering of most OECD member countries and beyond. It supplements more complete annual datasets (e.g. Business Demography, Structural Business Statistics by Size class) with more timely monthly or quarterly information on a limited number of indicators.Data are broken down whenever available byeconomic activity according to International Standard Industrial Classification, Revision 4 (ISIC Rev.4): ISIC Rev. 4 at the level of sections (letters) and higher aggregates, most often covering the total economy, geographic area at country and TL2 level of the OECD Territorial grids, legal form into three main groups: Limited liability (LL), Partnership (PA) and Sole proprietorship (SP). With very few exceptions, series are not seasonally or calendar adjusted, so care should be taken in interpreting sub-annual changes. Timely Indicators of Entrepreneurship provide valuable information to policy makers and researchers on most recent trends in business dynamics.Related datasets:Employer Business Demography Statistics,Business Demography Statistics,Structural Business Statistics by Size Class.